The Government of India has unveiled a wide range of measures aimed at strengthening exports and expanding domestic manufacturing. According to a Ministry of Commerce & Industry press release, the initiatives include production-linked schemes, new trade agreements, modernized logistics,
New Delhi [India], August 15: The Bharat Climate Forum (BCF) marks India's 79th Independence Day by revealing its 2025 milestones, which demonstrate that the platform has successfully aligned India's economic ambition with climate leadership. In his Independence Day address, Prime Minister N
Indian Union Minister Piyush Goyal sees revised Credit Guarantee Scheme for Startups (CGSS), as a means to boost domestic manufacturing and will help India in heading towards Aatmanirbharta.
India will soon introduce its first indigenous semiconductor chip, as five semiconductor units are currently under construction in the country, Union Minister for Electronics and Information Technology Ashwini Vaishnaw stated on Thursday.
In a significant policy announcement from the Oval Office, President Trump has declared a 25 per cent tariff on all imported vehicles entering the United States, a move he described as "very exciting" for domestic manufacturing.
The Department of Telecommunications (DoT) notified the Production Linked Incentive (PLI) scheme on February 24, 2021, to boost domestic manufacturing of telecom and networking products in India with an outlay of Rs 12,195 crore, according to release.
India's solar capacity, over the past decade, has grown at an impressive 38 per cent compound annual growth rate (CAGR), now accounting for over 60 per cent of the country's total renewable energy portfolio, the Rubix Data Sciences said in a report.
Several factors, including the expansion of domestic manufacturing capacity and the government's proactive measures, have over the past years contributed to a positive change in India's overall solar landscape.
Finance Minister Nirmala Sitharaman as part of her Budget presentation proposed a host of tweaks in basic customs duty (BCD) for various products or items that are critical for manufacturing or for day to day needs. In some cases they were raised to make domestic manufacturing robust.
The survey emphasises deregulation, investment in emerging technologies, and domestic manufacturing as key drivers for long-term economic sustainability
Later, in the first full budget of his second term in 2019 the focus shifted towards bolstering domestic manufacturing, advancing the Aatma-Nirbhar Bharat initiative, cutting corporate taxes, and promoting green energy, fuelling a surge in market capitalization, profitability of domestic cyc
The common thread among industry leaders is the need for enhanced policy support to reduce India's reliance on imports and bolster domestic manufacturing, innovation, and energy security.